hello everyone welcome back to cuddle
i'm larry kudlow great pleasure to be
with you
i guess we're all waiting for the derek
chauvin george floyd verdict in
minneapolis
it is going to happen apparently at 4 30
today
we will be bringing it to you live but
first
i want to play some sound from house
member maxine waters
we have to let people know that we're
not going to be satisfied
unless we get justice in these cases
stay on the street
and we've got to get more active we've
got to get more confrontation
we've got to make sure that they they
know that we need business
all right we covered her story last
night but i want to look at it again
maxine water's rhetoric is utterly
irresponsible
the situation in minneapolis is highly
charged enough
without her inciting violence i believe
she should be censored by congress
and i think it ought to be a bipartisan
censor
second politically and legally stunning
today
president biden weighed in on the
chauvin case take a listen to this
i'm praying the verdict is the right
verdict which is i think it's
overwhelming in my view
so maxine waters calling for
confrontation
president biden praying the verdict uh
are is irresponsible statements from
frankly could be used in an appeal for
jury tempering
saying that the verdict should be
appropriate saying the verdict should be
uh in the family all this stuff is just
out of nonsense the president
overstepping not as badly as
as waters but he's overstepping too now
jury votes wrong
rioting isn't that what she's saying if
there's any kind of acquittal
there should be rioting in the streets
isn't that what she's really saying
biden's somewhat less clear but he too
putting pressure on the jury they're
putting pressure on the jury
this is crazy absolutely crazy of course
in most of these urban riots the people
who are hurt the most
are minorities and african-american
small business owners
so this becomes an economic issue
doesn't it
again and again in the past year
provocateurs like maxine waters antifa
black lives matter inciting violent
writing leading to
tragic deaths whether it's new york
washington chicago minneapolis portland
inevitably inevitably it's black
americans that suffer the most
and that is a tragedy the left may not
ever
admit it but black ownership and black
capitalism has been surging for many
decades but they are going to set it
back
they will set that progress back
horribly
now let me quote from a recent op-ed by
african-american
brown university economics professor
glenn laurie okay a very important piece
in my judgment
he says in the last 75 years a
vast black middle class has developed
there are black billionaires
the influence of black people on the
culture of america is stunning
and has global resonance some 40 million
strong black americans are the richest
and most powerful population of
african descent on the planet
that is why these riots and people who
incite these riots is
so absolutely awful blacks
suffer the most now i want to add
to mr laurie's terrific commentary in
just the last few years
the trump administration opened up
roughly
1 000 opportunity zones
1 000 you never hear much about it
but located across america using
powerful tax incentives
unserved and under financed areas
including
white areas in rural places along with
minority urban areas
literally hundreds of millions of
dollars
have brought fresh new capital into
these under-capitalized communities
this means black ownership black
businesses
black jobs and rising black family
incomes
and i'll say the same the impact is the
same for hispanic
americans and asian americans and of
course
rural whites as well this is huge
this is power rioting and violence is
not power
rioting and violence sets progress
backwards for everyone
the economics of rioting and violence
are
simply horrible that is why people like
maxine waters are
so terribly terribly wrong and now
the presiding judge in this case judge
cahill he said yesterday and i'm going
to quote
i wish elected officials would stop
talking about this case take a listen to
this
i wish elected officials would stop
talking about this case
especially in a manner that is
disrespectful to the rule of law
and to the judicial branch in our
function you know judge cahill
is issuing a cry for help he wants law
and order
and he wants the rule of law
that simple and let me say no
neighborhoods benefit more
from the rule of law than minority
neighborhoods
they suffer the biggest tragedies they
need the cops
they need the security it is their kids
who are tragically lost
and of course economically the
businesses
and financial well-being suffer as i've
said several times i just trying to
impact i'm just trying to put on the
table the economic consequences
as well as the human tragedies of this
violence
and this rioting nothing serves america
worse
than these kinds of calls for conflict
and writing look at
in my lifetime alone i have watched the
rule of law
especially through the supreme court and
often through congress
i have watched the rule of law improve
the plight of minority groups
everywhere in education in voting rights
in civil rights in fair housing and
i watched a black american win the
presidency twice
i reported on it live that is the
highest
office in our land and mr obama
won it with 80 million white
votes 80 million white votes
remarkable achievement this is why
i've never believed in something called
systemic racism i'm not sure i even know
what it means
i know there are bad apples out there
all right and i know that some people
are biased and i know that there is
probably some
racism but it is not institutionalized
and it is
not systemic virtually every institution
in america
has got to be open to change and needs
to be sensitive to relations with
all groups every single institution
lives matter but all
lives matter do they not that is my plea
we all benefit from peace and
tranquility and security
and then financial and economic power
the two always go together
now i want to close by citing the recent
washington post op-ed
by former hud secretary ben carson
he expresses his concern that the
narrative the discussion
is beginning to shift from equality
to equity instead of pursuing
martin luther king's ideal of judging
people by the content of their character
rather than the color of their skin this
equity movement
would reward and punish people because
of the color of their skin rather than
the equality of opportunity
this equity movement would mandate
equality of
outcome mr carson concludes this goal is
not only unamerican
it is impossible to attain and i
agree with my friend ben carson
completely
all right